||Employees||3 full, 3 part
* Included in Asking Price
Incredible opportunity to own an established paving company based in Northern Virginia and serving the greater Mid-Atlantic region. The business has been owned and operated for over 15 years by the founder and maintains a very strong reputation for providing quality workmanship at competitive prices. The company is completely turn key with all the equipment and vendor relationships in place to continue operations starting on day one for the next owner. The company employs a team of skilled workers who are well-trained to do the job right the first time.
With over 5 million square feet installed the company is one of the country’s largest applicators with a track record of installing high quality projects along with exceptional customer service and support. The business provides high performance solutions for any project, including: pedestrian crosswalks, traffic calming areas, bus and bicycle regulatory lanes, playground and recreation spaces, parking lots, corporate logos and community branding. The company also specializes in stamped asphalt, innovative coatings and thermoplastic systems that enhance the aesthetic appeal to sustainable streetscape designs. These applications are practical, durable, cost effective, safe, attractive, and can be efficiently installed.
The company performs work for both Commercial & Residential clients with the breakdown of revenue being approx. 85% Commercial and 15% Residential. The company has developed a very loyal customer base and generates significant revenue through repeat business referrals. The owner is retiring and looking to pass the torch to someone who can carry on the legacy of the business by taking care of its employees and customers. Don’t let this opportunity pass you by and contact us today!
|Facilities:||The business operates out of an office in Northern Virginia with a storage yard for equipment, but can be easily relocated in the DC metro area.|
|Competition:||There is standard competition in the industry, but this business holds accreditations and licenses for several well-known applications enabling them to offer superior products and services.|
|Growth Potential:||There is room to grow and expand the business. The operation is easily expandable throughout the DC metro area and beyond as proven by the current model. The next owner will be able to leverage the strong brand and company reputation in the market to continue operating the business with success. There is the opportunity for growth through fractional franchising on the residential side and moving into new markets north (Northern NJ, Long Island, Western PA).|
|Training/Support:||Yes, the seller will provide transitional training and support to ensure the buyer’s success.|
|Seller Financing:||The amount of seller financing available depends on the final purchase price and terms.|
|Sale Reason:||Owner is retiring.|
Seller Reference #HZ441DZ
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